CNBC's Andrew Ross Sorkin reports on the latest news.

Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company ...

According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...

BP (BP) shares jump in Monday's pre-market session after activist investor Elliott Management has taken up a stake in the oil ...

Elliott Investment Management has acquired a significant $2.5 billion stake in U.S. oil refiner Phillips 66. The activist investor is advocating for operational changes, including selling or spinning ...

Elliott Management reveals a sizable stake in London-based BP plc. RBC analysts expect the activist investor to push for ...

Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...

BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...

The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.

BP shares surged as activist hedge fund Elliott Management took a stake, fuelling speculation about a strategic shake-up and ...

BP shares surged early Monday after reports surfaced that activist investor Elliott Management has taken a stake in the oil major. BP has underperformed its British and U.S. energy peers. The company ...

Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...